Monthly retentions. Each Borrower undertakes with each Creditor Party to ensure that, in each calendar month of the Security Period after the Ship owned or to be owned by it has been delivered to it under the relevant MOA, on such dates as the Agent may from time to time specify, there is transferred to the Retention Account out of the Earnings received in its Operating Account during the preceding calendar month:
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Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)
Monthly retentions. Each Borrower undertakes with each Creditor Party to ensure that, in each calendar month of the Security Period after the Ship owned or to be owned by it has been delivered to it under the relevant MOASale Agreement, on such dates as the Agent may from time to time specify, there is transferred to the Retention Account in respect of that Borrower out of the Earnings received in its Operating Earnings Account during the preceding calendar month:
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Samples: Loan Agreement (Poseidon Containers Holdings Corp.)
Monthly retentions. Each The Borrower undertakes with each Creditor Party to ensure that, in each calendar month of the Security Period after the relevant Ship owned or to be owned by it has been delivered to it its Owner under the relevant MOAShipbuilding Contract, on such dates as the Agent may from time to time specify, there is transferred paid to the Retention Account out of the Earnings received in its Operating Account during the preceding calendar monthAccount:
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